2006 Press Releases

Workstream Announces Latest Release of Workstream TalentCenter Suite

New Release Includes Enhanced Reporting, Analytics and Infrastructure

Ottawa, ON. – October 4, 2006 - Workstream Inc™ (NASDAQ: WSTM), a provider of On-Demand Enterprise Workforce Management software, today announced the rollout of the latest version of its Workstream TalentCenter product suite — Release 6.1. This release includes a number of key enhancements in the areas of ad-hoc reporting, analytics, security and authentication, and product delivery infrastructure.

“This Workstream TalentCenter release is the latest demonstration of the importance we place on continuing to improve upon and deliver world-class solutions for our customers,” said Michael Mullarkey, Chairman and CEO of Workstream.

The latest release of Workstream TalentCenter includes a wide range of enhancements, including:

• Very flexible ad-hoc reporting and analytics – Newly launched Workstream Reporting service provides a highly configurable, cost-effective reporting engine which can service all product areas. Unlike other commercially available reporting tools, the new Workstream ad-hoc reporting and analytics capability does not impose additional licensing requirements or costs on Workstream clients. Additionally, Workstream Reporting provides a broad range of report templates and pre-defined queries which can be easily configured by clients to establish a large number of personalized, ad hoc reports.
  
• Improved Security and Authentication – Workstream has implemented the liberty compliant federation capability in conjunction with the Sun single sign-on technology it uses, thus allowing for even easier mapping and integration into a wide variety of client security and authentication environments.
  
• Enhanced Infrastructure – Workstream is in the process of completing a large, multi-million dollar infrastructure upgrade. Improvements that will enhance the Company’s service delivery and hosting capabilities include:
  • New hosting facility, network, hardware and support software;
  • Backup and recovery;
  • High levels of Security and intrusion prevention and
  • Internal processes and control procedures.

“The investments that we have made in this most recent release are about delivering not only superior functionality, but doing so in the most reliable, scalable, secure and cost effective way possible,” commented Mike Gioja, CIO and EVP of Products and Services.

This is in addition to Workstream having recently completed its second year of Sarbanes-Oxley 404 compliance, received its SAS 70 Type I certification, and currently working towards a SAS 70 Type II certification by November 2006.

About Workstream, Inc.
Workstream provides On-Demand Enterprise Workforce Management solutions and services that help companies manage the entire employee lifecycle - from recruitment to retirement. Workstream's TalentCenter provides a unified view of all Workstream products and services including Recruitment, Benefits, Performance, Compensation, Rewards, Employee Development, Knowledge Management and Transition. Access to the Workstream TalentCenter is offered on a monthly subscription basis under an on-demand software delivery model to help companies build high performing workforces, while controlling costs. With nine offices across North America, Workstream services over 400 customers including Chevron, The Gap, Home Depot, Kaiser Permanente, Motorola, Nordstrom, Samsung, Sony Music Canada, VISA, and Wells Fargo. For more information visit www.workstreaminc.com or call toll free 1-866-470-WORK.

This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on the current expectations or beliefs of Workstream's management and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: inability to grow our client base and revenue because of the number of competitors and the variety of sources of competition we face; client attrition; inability to offer services that are superior and cost effective when compared to the services being offered by our competitors; inability to further identify, develop and achieve success for new products, services and technologies; increased competition and its effect on pricing, spending, third-party relationships and revenues; as well as the inability to enter into successful strategic relationships and other risks detailed from time to time in filings with the Securities and Exchange Commission.

For more information contact:
Investor Relations:
Matt Middendorf
Workstream Inc.
Tel: 866-953-8800 ext. 888
Email: investorrelations@workstreaminc.com